MoFo News Item

MoFo Advises Management Team of Wizeline in Strategic Investment from CDPQ

08 Sep 2021

Morrison & Foerster advised the management team of Wizeline, Inc., a global technology services provider that partners with clients to build high-quality digital products and platforms, in connection with the agreement under which Caisse de dépôt et placement du Québec (CDPQ), a global investment group and one of Canada’s largest pension funds, will acquire majority ownership of Wizeline. Apax Digital Fund, which has been a majority owner since 2018, as well as Chief Executive Officer Bismarck Lepe, will remain as shareholders and board members following the transaction.

Founded in 2014, Wizeline’s origins as a cloud-native product development company have served it well in its partnerships with customers needing to advance their data-driven capabilities, build next-generation products and platforms, and stay competitive in a constantly evolving market. The strategic investment from CDPQ marks a significant milestone in Wizeline’s growth, enabling continued expansion of its services and geographies.

The MoFo deal team advising Wizeline’s management team was led by Miami corporate partner and co-chair of the firm’s Latin America Desk Randy Bullard, together with associate Giselle Sardinas. The team also included San Francisco executive compensation partner Amanda Hines Gold, New York tax partner Tony Carbone and associate Katherine Erbeznik, and San Francisco tax associate Yuan Xia.

Close
Feedback

Disclaimer

Unsolicited e-mails and information sent to Morrison & Foerster will not be considered confidential, may be disclosed to others pursuant to our Privacy Policy, may not receive a response, and do not create an attorney-client relationship with Morrison & Foerster. If you are not already a client of Morrison & Foerster, do not include any confidential information in this message. Also, please note that our attorneys do not seek to practice law in any jurisdiction in which they are not properly authorized to do so.